DUBAI: India has emerged as the top trading partner of Dubai in 2013 with a trade volume of $37 billion, representing a 10 per cent share of the total foreign trade of the emirate. China comes second with a value of $36.7 billion accounting for around 10 per cent, while the US is third with $23.4

MUMBAI: The benchmark sensex on Monday hit a lifetime high of 22,023.98 and ended at yet another record close of 21,934.83 with a modest gain of 15 points, extending the winning run to the fifth day, aided by overseas investor interest in capital goods, realty and banking shares. The NSE Nifty al

NEW DELHI: The Supreme Court on Tuesday said that it was totally unhappy with Sahara chief Subrata Roy's proposal to refund money to investors. The apex court sent him to Tihar Jail where he will remain in judicial custody "till he comes up with a concrete proposal". Along with him, two other direct

MANGALORE: Jet Airways has launched Bangalore's maiden international flight to the Gulf, connecting India's IT Hub with Abu Dhabi. The launch of Jet Airways' inaugural service at Kempegowda International Airport (KIA), Bangalore was marked by a multi faith prayer followed by the ceremonial lighting

NEW DELHI: The Securities & Exchange Board of India (Sebi) is planning to seek the help of overseas regulators in tracking some of the investments made by the Sahara Group. Sources said the capital market regulator has discussed the proposal internally and is expected to write to regulators i

Automobile manufacturers reported sluggish sales in February due to a slowing economy that is plagued by high fuel and interest costs. Sales of India’s passenger car manufacturer Maruti Suzuki declined marginally by 0.40 per cent in February to 109,104 units due to a fall in exports. The compa

Retirement fund body Employees Provident Fund Organisation (EPFO) has asked its field staff to clean up records as it plans to issue universal (permanent) account numbers soon to its over 5 crore subscribers. The account number will help those workers in organised sector workers who frequently ch

NEW DELHI: India's huge aviation market is now officially the battleground for Gulf carriers, with Indian airlines forced to watch them walk away with a lion's share of the country's globetrotters. Bucking the code of conduct that will kick in the moment election dates are announced, the aviation mi

1. Be a more efficient time manager by using the rule of two. Focus on the two most important tasks in your day, and you’ll become more productive. 2. Start a filing system and toss everything you don’t need. Eliminating will make it easier to locate the important papers. 3. Limit your work-st

MUMBAI: The rupee strengthened for a third straight session on Tuesday, its biggest winning streak in two months, as dollar inflows towards an offshore bond sale continued while marginal gains in the domestic share market also aided. Traders said dollar inflows have continued, though in small qua

SYDNEY: Putting the blame for India's economic woes on its internal issues, German finance minister Wolfgang Schaeuble has said New Delhi should not attribute its problems to monetary polices of developed nations. "I once again say that in India there are sufficient internal problems which are no

NEW DELHI: Flying may get affordable, once again. The Tata Sons-AirAsia JV crossed the final hurdle on Friday with DGCA disposing of all the objections against the proposed low-cost carrier (LCC). The new LCC may get the licence within a fortnight and start flying soon. The DGCA had received abou

NEW DELHI: The country's biggest car makers, Maruti Suzuki India (MSI) and Hyundai Motor India, on Wednesday cut prices after excise duty on automobiles was reduced in the interim budget. While MSI's price cuts range between Rs 8,502 and Rs 30,984 across its models, Hyundai has slashed prices by

India's largest cellular carrier Bharti Airtel will buy mobile operator Loop Mobile in a move that will make Bharti the biggest mobile operator in Mumbai in terms of users. This would be the first merger in the country's telecoms market in nearly six years. Under the agreement, Loop Mobile's 3

NEW DELHI: Over five months after Steve Ballmer announced that he would step down, Microsoft named India-born Satya Nadella as its new CEO on Tuesday. In an accompanying move, the company also announced that its charismatic founder Bill Gates would step down from his ceremonial post of board chairma

DAVOS: A tiny elite comprising the richest 85 individuals hold wealth equivalent to that owned by the bottom half of the world's population, a report says. The report by worldwide development organization Oxfam, titled 'Working For the Few', published ahead of the World Economic Forum meet in Dav

Employees Provident Fund (EPF) is a quite popular savings instrument among employees. Be it due to its popularity or our regular contribution to it, there are plenty of questions asked on EPF. Among these, two questions are asked most frequently: 1. When can you withdraw your EPF balance? 2

NEW DELHI: State-run fuel retailers would raise petrol and diesel prices by 75 and 50 paise, respectively, a litre from Saturday to offset the impact of increase in global oil prices and fall rupee's exchange rate against the US dollar. Consumers would, however, have to pay a little more at the p